fractional ownership

Unlike a normal residential property purchases that aren’t available to overseas buyers your license to occupy gives you all the benefits of property ownership without the large capital and maintenance costs.

12 licenses will be granted giving each license holder 30 days annual use for 20 years. Those 30 days are spread across summer and winter.

The home comes fully furnished, all the way down to linen, glassware, even the knifes and forks. The home is cleaned before and after each use and provisioned in time for your arrival. Better still the home is supplied with an all electric Audi SUV and Malibu wake boat.

The property is fully managed and maintained by Waimarino Lodge. The developers of Waimarino are also developing this incredible home. This means airport transfers are included, you can even have a chef, waiter and health spa staff provide in house services.

The neighbouring property to Pārore (Waiora) that is under development and sits on less than half the land size (13,590 sqm) versus (31,914 sqm) for Pārore sold in March 2022 for $25.75M. We estimated the value of Pārore at $35.2M NZD. This license to occupy gives you full property use for a fractional of the value.

Each license is valid for 20 years and costs $1.8M NZD ($1.25M) to purchase. Buyer wanted more than 30 days use can purchase multiple licenses.

PROPERTY MANAGEMENT & SERVICES

The property will be expertly managed by the Waimarino team. This includes:

- Property cleaning pre and post stay

- Landscaping and garden maintenance

- Pool Cleaning & Servicing

- Airport collection and return

- Supply of luxury electronic Audi etron SUV vehicle

- Supply of Malibu ski / wake boat & trailer

- Full linen supply for each stay

- Property Insurance

- Concierge shopping and travel arrangements

- Pantry and fridge provisioning pre stay

- Full property care and maintenance

- Car & boat Cleaning post stay

- Car & Boat maintenance

- Car & Boat Insurance

These management services, insurance and maintenance are included in the monthly management fee of $3,075 per license holder.

USE OF WAIMARINO LODGE FACILITIES:

License holders are also granted full use of all Waimarino Lodge facilities including;

- Yoga studio

- Guest only RA restaurant

- Electric power boats

- Stand up Paddle Boards

- Mountain Bikes

- Gin and vodka making at the Still Waters Distillery.

OPTIONAL ADDITIONAL SERVICES INCLUDE:

- In house chef at the residence

- Wait staff for function and or events

- Concierge shopping and travel arrangements

- Daily Cleaning / Daily Linen

- Laundry services

- Yoga instructor or personal trainer to the property

- In house spa and beauty treatments

- Boat Launching and retrieval

- Boat and car refuelling

- Car and or boat cleaning during stay